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Alice

Learn about the people, housing, costs and businesses in Alice, Texas

Median Home$137,261
Median Rent$992/month
Population17,783
Leading IndustriesManufacturing · Transportation · Education4% manufacturing
Home Value Growth⬆⬆+12.0% over 2 years
Young Adults28% of residentsnear the national average
Homeowners59% of occupied units
NotableAmenity Score69/100 · highly walkable area
Alice
TX

Frequently Asked Questions

What are today's mortgage rates in Alice?

As of today, the 30-year fixed mortgage rate for Alice is approximately 7.026% (7.070% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alice?

The median home value in Alice is $137k. The median monthly rent is $992. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alice?

Home values in Alice have increased 12.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alice?

Based on a typical all-in ownership cost of $1,043/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alice is $55k/year.

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What industries drive the economy in Alice?

The largest employment sectors in Alice are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.